Hero FinCorp attractive and flexible used car loan is designed to help you become the proud owner of a car with ease and confidence.
Hero FinCorp makes the process of owning a car smooth and simple. With instant approvals and attractive rates, you can get on the road sooner and with confidence.
Our loan offers funding of up to ₹ 50 lakh, making it easier to own anything from a hatchback to a luxury sedan.
You do not need to pledge an asset to apply for this loan, which offers attractive interest rates starting at 11.5%.
Our digital application journey makes applying simple, with minimal documentation, fast processing, and instant approvals to ensure a smooth experience from start to finish.
We offer repayment tenures of up to 60 months, allowing you to choose a period that works best for you.
Plan your finances with ease using our EMI Calculator to determine a monthly instalment plan that fits comfortably within your budget.
EMI
₹4,431
Total Amount to Pay
₹53,169
Interest
₹3,169
Interest
₹3,169
Loan Amount
₹50,000
EMI
₹4,431
Total Amount to Pay
₹53,169
Interest
₹3,169
Interest
₹3,169
Loan Amount
₹50,000

Find Out
If You Are Eligible.

Have These
Documents Ready.
To apply for Hero FinCorp used car loan, we will require the following documents -


Be the proud owner of a car with Hero FinCorp easy to apply used car loan. Enjoy the comfort and confidence that comes with owning your own car.

17 August 2026
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Akash decides to apply for his first loan or credit card. Everything goes smoothly until the lender asks him for his CIBIL score. He checked online, but instead of a score, he saw that no credit history was available.
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Eligibility for a used car loan from Hero FinCorp depends upon an individual’s credit appraisal and past financial history, all loans are given at the sole discretion of the company.
We provide loans from INR 0.5 lac to 50 lacs, the amount depends upon the age and condition of the vehicle along with the buyer’s repayment capacity.
A minimum of 1 year and up to 5 years, while it depends upon the age and condition of the vehicle.
You may qualify for a low interest rate on a used car loan if your car is in good condition and you have a stable income and a strong credit history.
Your loan takes about 24 to 48 hours depending upon the documents submitted and subsequent verification.
Repayment schedule provides outstanding principal after realization of each EMI along with the amount that needs to be paid during each EMI, with due dates and breakup.
Depending upon your re-payment of previous loan you can be eligible for a special scheme.
Our extensive network of branches at various locations, speedy and simple documentation process and the capability of our executive to take quick, smart decisions make sure that the process of obtaining a second hand car loan is quick and hassle-free.
We finance almost all cars as long as their ownership history is clear and they fully comply with Indian laws pertaining to personal vehicles.
No, changes to loan amount or tenure of loan cannot be made after the disbursal of the loan.
Yes, you can apply for a top-up loan after successfully paying 10 regular EMIs on your existing used car loan from Hero FinCorp. Additionally, if your current car loan is with another bank, you may still be eligible for a loan of up to 200% of the car’s current valuation.
It is the initial amount you need to pay at the dealership/ to the seller. It is the difference between the on road price and the approved loan amount.
No, you do not need one. But in case your income fails to meet our eligibility criteria you can club the income of your father/mother/spouse with your income by making them a co-applicant.
After the repayment of the loan, you will receive a NOC from our side which will help you remove the hypothecation of Hero FinCorp from your RC.
You can change the mode of payment by getting in touch with the customer care at Customer.Care@HeroFinCorp.com or by calling 1800-102-4145
You can write to us for getting them back at Customer.Care@HeroFinCorp.com after giving Post dated cheques for the new mode of payment.
You can write to us at Customer.Care@HeroFinCorp.com or call 1800-102-4145 for receiving a duplicate copy.
No, Hero FinCorp shall not be responsible for delivery of the vehicle for which the loan has been availed. The Borrower shall be responsible for delay, non-delivery, or any defect, damage or quality of the Vehicle. The Hero FinCorp shall not be responsible or liable if there is any defect or dispute of any nature in the title (even if it is found to be a stolen Vehicle) or ownership of the Vehicle and the Borrower shall independently satisfy itself in this regard.
Yes, you can pay them through the multiple payment options available on our website or through the executive assigned to you.
You can send in your queries at Customer.Care@HeroFinCorp.com
You need to call our call center helpline. Once your request has been taken it would be updated in our system.
A self-attested copy of any of the KYC document as mentioned in the Eligibility & Documentation section on the website. You can e-mail us the documents at Customer.Care@HerFinCorp.com or walk in to any of our branches along with your KYC documents.
The minimum age of applicant should be not less than 21 years.
Yes, you can apply for another loan but the approval will be based on your eligibility criteria.
Yes, you can foreclose depending on the terms in your loan agreement.
No, the car is hypothecated to Hero FinCorp, and after the repayment, the hypothecation can be removed.
Yes, you are eligible for finance in this case.